Hedeker Wealth LLC (Lincolnshire)

Name: Hedeker Wealth LLC
Address: One Overlook Point, Lincolnshire, IL, 60069
Telephone: 847-913-5594

Hedeker Wealth LLC is a large advisory firm based in Lincolnshire. It manages $230.72 million of regulatory assets for 602 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Illinois and Texas.

Hedeker Wealth provides portfolio management for individuals and small businesses and portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hedeker Wealth: assets under management

The assets under management (AUM) of Hedeker Wealth LLC is $230.72 million. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $222.74 million in discretionary accounts and $7.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $435.88 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $87.77 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is investment and business development companies, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hedeker Wealth LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hedeker Wealth serves?

The firm provides services to individuals, investment companies, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Hedeker Wealth is high net worth individuals with 49 clients and $140.68 million of assets under management. Among the 11 most similar advisory firms, Hedeker Wealth has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $230.72 million for 242 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Hedeker Wealth doesn't advise any private funds.

Careers at Hedeker Wealth LLC

The company employs 9 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dean Richard Hedeker	Principal/chief compliance officer/member	1 Oct 2002	75% - 100%	2068563

Based in Lincolnshire

The principal office where Hedeker Wealth LLC performs its advisory services is located at One Overlook Point, Lincolnshire, IL 60069, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 847-913-5594 or by fax 847-913-6793. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at hedekerwealth.com.